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to pay down the deficit. and potentially to make our businesses more competitive. >> president's call comes a day after his two most southeastern defense advisors warned the sequester would make the country less safe, and the president says the domestic spending cuts would slow down the economic recovery, which isn't producing jobs fast enough even now, shepard. >> shepard: what are we hearing from republican? reporter: they say the sequester was a white house idea. though the goal was to force a compromise by the so-called supercommittee. that didn't happen. now some lawmakers in both parties say the sequesterses of across the board cuts would be better than a bad deficit reduction deal. one senator said rather than continuing to raise taxes on hard-working americans, congress ought to be looking at ways to reduce our runaway federal spending. senator mitch mcconnell says congress acted on the tax issue when it allowed the bush administration tax cuts for the well-to-do to expire. some of them. now he says i
to pay down the deficit. and potentially to make our businesses more competitive. >> president's call comes a day after his two most southeastern defense advisors warned the sequester would make the country less safe, and the president says the domestic spending cuts would slow down the economic recovery, which isn't producing jobs fast enough even now, shepard. >> shepard: what are we hearing from republican? reporter: they say the sequester was a white house idea. though the goal...
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. >> we have reduced our numbers by 193,000 employees and we still are operating at a deficit. >> the deliveries of letters will stop august 5th and postal customers we talk to this morning were mixed in their reaction. >> we wouldn't miss anything, to be truthful. if they can't deliver it on saturday, they will deliver it friday or monday. >> will you miss saturday mail? >> yes i have a business and i pick up mail. >> she would still be able to get her mail at the post office if she has a p.o. box but it is home delivery and letter delivery that will stop. more coming up on abc7 news at 4:00. still ahead, the push for stricter gun control gets some star power. with celebrities talking about ending gun violence. advocates of allowing gays in the boy scouts will have to wait a little long >> in texas, six people are believed to have drown after a watery crash involving a van full of undocumented immigrants. the van crashed into a stock tank providing. drinking water if animals. ten were found alive. police south of san antonio tried to pull the van over for a broken taillight but the d
. >> we have reduced our numbers by 193,000 employees and we still are operating at a deficit. >> the deliveries of letters will stop august 5th and postal customers we talk to this morning were mixed in their reaction. >> we wouldn't miss anything, to be truthful. if they can't deliver it on saturday, they will deliver it friday or monday. >> will you miss saturday mail? >> yes i have a business and i pick up mail. >> she would still be able to get her mail...
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Feb 8, 2013
02/13
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america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after blowout yesterday. >>> and the power company that provided electricity to the louisiana superdome said it figured out what caused the power outage during the super bowl. it wasn't hackers, beyonce, it was just a bad relay. sometimes the explanation turns out to be a bit routine. a thing-ga-ma-doo quit working. >> fun to think that beyonce blew out all the lightsp. >> scott mcgrew talking about a thing-ga-ma-doo. >> technical term. >>> a live look. beautiful clear skies more or less here over san francisco. this is the clearest it's been all day. so mostly sunny here. let's show you san jose now. oh, yeah, we're sti
america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after...
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the numbers today are living short of terrific. $7 trillion in deficits over the next ten years. is coming after we raise 600 billion in taxes. what does the president say? well, let's not do the spending cuts, which we are counting on to keep it down to 7 trillion. instead to raise taxes, which we already proven does not solve the problem. you have to have a pretty good sense of humor to like it that seriously. lou: and to look at you have to have a pretty good sense of humor to put this in context of the history of this president and fiscal issues. does not pose for the budget. the senate has not passed one commend the president of the united states said this back in 2011. november 41st. already, he said, some in congress are trying to undo these automatic spending cuts, much like he did today at 115 eastern time. my message to them back in 2011, no, i will be there through any effort to get rid of automatic spending cuts to domestic and defense spending said the break president at that point. your reaction? >> that was president obama circa 2011. candid obama in a debate set s
the numbers today are living short of terrific. $7 trillion in deficits over the next ten years. is coming after we raise 600 billion in taxes. what does the president say? well, let's not do the spending cuts, which we are counting on to keep it down to 7 trillion. instead to raise taxes, which we already proven does not solve the problem. you have to have a pretty good sense of humor to like it that seriously. lou: and to look at you have to have a pretty good sense of humor to put this in...
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Feb 6, 2013
02/13
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congressional budget office that for the first time since president obama has been in office, we can see a deficit under $1 trillion. $884 billion is what they are suggesting. they think unemployment will go up through the next couple of years, but federal revenue, the amount of money coming into the government going up by 25%, in part, because of the fiscal cliff deal. also because the economy is improving. richard? >> tracie, we'll take under 1 trillion right now. thank you. >>> a major decision expected today from the boy scouts of america. national board members set to vote on whether to lift a decade's long band on gay leaders and scouts. the final day of a three-day meeting of officials. a controversial issue drawing fire from both sides and putting one of the country's largest youth organizations under a microscope. president obama said over the weekend that scouting should be open to everyone while texas governor rick perry expressed the opposite opinion. if board members scrap that policy, they will be able to decide for themselves to admit gays to their ranks there. >>> on the heels of t
congressional budget office that for the first time since president obama has been in office, we can see a deficit under $1 trillion. $884 billion is what they are suggesting. they think unemployment will go up through the next couple of years, but federal revenue, the amount of money coming into the government going up by 25%, in part, because of the fiscal cliff deal. also because the economy is improving. richard? >> tracie, we'll take under 1 trillion right now. thank you....
SFGTV2: San Francisco Government Television
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Feb 9, 2013
02/13
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we do have a structural budget deficit in the city. we need to deal with the short- term balancing of the budget in a way that does not decimate basic city services that people rely on but also to address our long term structural budget deficit. that means implementing budget reforms that will smooth out the budget process so that it is not a boom-bust process. that means reforming our pension and retiree system so that they are stable and do not drain the general fund. that is a big aspect of it. another huge issue is the deferred maintenance on our infrastructure. we have a lot of infrastructure that has been deteriorating because we have not maintained properly. that includes roads, sewer systems, muni. we need to be much more diligent about maintaining our infrastructure. some of the big citywide issues that impact the district include transportation. we had more muni service and some other districts. it is not always reliable. some of the major bus lines in the district are not reliable. we have major projects like the renovation
we do have a structural budget deficit in the city. we need to deal with the short- term balancing of the budget in a way that does not decimate basic city services that people rely on but also to address our long term structural budget deficit. that means implementing budget reforms that will smooth out the budget process so that it is not a boom-bust process. that means reforming our pension and retiree system so that they are stable and do not drain the general fund. that is a big aspect of...
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Feb 8, 2013
02/13
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here's your rainfall deficit for the year. we're down nearly half a foot of rain in san francisco, almost three inches in san jose and livermore. we do have this low pressure area. it's working its way down the california coastline right now. snow in the mountains, scattered showers for us. slight chance of a thunderstorm right at the coastline. but once this guy is gone, the rain chance is gone until likely after valentine's day. it will be with us till about lunchtime tomorrow. heading off to work, might want to leave five or ten minutes early, because the rain will likely slow things down. high pressure stays off to our west, giving us a northerly flow, a cold flow but a dry flow. after tomorrow, we will be mainly dry for a while. how much rain tonight? some of you may get half an inch of rain, maybe a little less than that for san francisco. but it's certainly not a deficit buster when it comes to rain. slight chance of a thunderstorm tonight, especially at the coast. the weekend will be sunny and cold. lows near freezing
here's your rainfall deficit for the year. we're down nearly half a foot of rain in san francisco, almost three inches in san jose and livermore. we do have this low pressure area. it's working its way down the california coastline right now. snow in the mountains, scattered showers for us. slight chance of a thunderstorm right at the coastline. but once this guy is gone, the rain chance is gone until likely after valentine's day. it will be with us till about lunchtime tomorrow. heading off to...
SFGTV: San Francisco Government Television
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Feb 10, 2013
02/13
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we'll probably get a draft version of what kind of deficit we're looking for next year? are you able to share any of that right now with the trends that we're seeing? >> through the chair to the committee, monique smuda from the controller's office. yes, we will have a report completed either by the end of this week or early next week on the six-month budget status, that will project both the revenue and the expenses. it's important to note that with the year-end close of fiscal year 12-13 there was increased revenue that was realized. and that increased revenue continues in the base budget in the current year. so the report will show excess revenue over the budgeted amount. however, as kate howard -- in the calculation that the mayor's office has developed for the deficit, that additional revenue was taken into account. so that is one of of the reasons that the targets for only 1.5%. we are also looking on the expenditure side. we have a few departments that have some savings. we have some departments that are over expending and the report will go into detail on those d
we'll probably get a draft version of what kind of deficit we're looking for next year? are you able to share any of that right now with the trends that we're seeing? >> through the chair to the committee, monique smuda from the controller's office. yes, we will have a report completed either by the end of this week or early next week on the six-month budget status, that will project both the revenue and the expenses. it's important to note that with the year-end close of fiscal year...
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Feb 9, 2013
02/13
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. >> eric: the way this works the post office when it runs a deficit like the last three years in a row they go to the u.s. treasury department. they post a letter of credit and treasury hands them money. what happens if the post office defaults. who is on the hook for that money? >> the taxpayer is on the hook for all of it. this is not -- this notion, they have endorsed privatizing it. and to provide universal service g-mail provides universal service for free. post office does it to the tune of billions of dollars that taxpayers stand behind. >> eric: great discussion. how is a college degree for only ten grand sound? a number of states are making that happen. is this the best idea to save money or will it end up costing taxpayers even more money. this woman, caught on camera, shocking new video, entitlement fraud, wee do we need to cut all entitlement programs? ♪ ♪ ♪ ♪ ♪ hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood
. >> eric: the way this works the post office when it runs a deficit like the last three years in a row they go to the u.s. treasury department. they post a letter of credit and treasury hands them money. what happens if the post office defaults. who is on the hook for that money? >> the taxpayer is on the hook for all of it. this is not -- this notion, they have endorsed privatizing it. and to provide universal service g-mail provides universal service for free. post office does it...
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Feb 6, 2013
02/13
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is recognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legisl
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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include restoring the 10 percent pay cuts they accepted to help limit layoffs during record budget deficits. leaders indicated they would support modest raises but the police officers association argues that bigger raises are needed to keep officers from leaving the department. the union has called for opening negotiations to the public. >> the boy scouts of america board could vote whether to lit a long-term policy that excludes gay members and leaders. the executive board is wrapping up three days of meetings today at the headquarters in texas. the proposal would allow individual scout troops to decide how they want to address the issue, a conservative group in texas organized a prayer vigil this morning, and the organization is expected to issue a statement either way. >> the nasdaq could pay millions over the social media company facebook's botched initial public offering. the "wall street journal" reports that nasdaq is in talks with the government to pay $5 million in penalties which is only 1 percent of the money lost by brokers and investors. last may on the only of the facebook i.p
include restoring the 10 percent pay cuts they accepted to help limit layoffs during record budget deficits. leaders indicated they would support modest raises but the police officers association argues that bigger raises are needed to keep officers from leaving the department. the union has called for opening negotiations to the public. >> the boy scouts of america board could vote whether to lit a long-term policy that excludes gay members and leaders. the executive board is wrapping up...
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Feb 4, 2013
02/13
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and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. >> well today the president travels to minneapolis where he'll push for proposals to gun control durs his visit. susan mcginnis is in washington. good morning. >> good morning. this will be the president's first trip outside washington to push his gun proposealsproposals. he's pushing for a big rally in support of this. in the meantime the senators are said to be preparing their own legislation very similar to the president's employee posal but conspicuously absent is the assault weapons ban. he takes his pitch for gun safety to minneapolis today. he wants congress to
and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development...
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Feb 6, 2013
02/13
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will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant hill 59. hump day san ramon 57 degrees. napa 58. and mid-50s for kentfield, mill valley, sausalito and san francisco. we are looking at an extended forecast with that chance of showers on thursday and friday. over the weekend, here comes the sunshine once again. but it will still be brisk upper 50s, low 60s. next week we are dry once again. we'll be right back. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad
will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant...
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but the president says congress needs more time to come up with a permanent solution for reducing the deficit. >> we should give them the chance to come up with the budget instead of making cuts costing us jobs and significantly slow down our recovery. >> the president says the u.s. economy is poised for progress in the coming year and predicted it will fall below the $1 trillion mark. >> sources tell ap tonight the pentagon is ready to offer limited benefits to same-sex partners of gay service members. likely toin clud health and welfare benefits. dpeens secretary has not made a decision because federal law prohibits him from recognizing same-sex marriages. british lawmakers voted in favor of legalizing same-sex marriage. legislation would enable same-sex couples to get married in civil and religious ceremonies. the prime minister championed the bill despite opposition from within his party. before it becomes plau it must still pass the house of lord autos as we continue here, coming up, governor brown's response to a texas raid on california jobs. >> and >>> because gas prices are high it t
but the president says congress needs more time to come up with a permanent solution for reducing the deficit. >> we should give them the chance to come up with the budget instead of making cuts costing us jobs and significantly slow down our recovery. >> the president says the u.s. economy is poised for progress in the coming year and predicted it will fall below the $1 trillion mark. >> sources tell ap tonight the pentagon is ready to offer limited benefits to same-sex...
SFGTV: San Francisco Government Television
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Feb 5, 2013
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so that if for any reason the gross receipts is not bringing in as much money we are operating as a deficit but it the gross receipts is coming in a herself we might phase in in a shorter amount of time. thank you. and the schedules are broken out into four tiers there's a zero to one million and it's exempt and 2 had the to million and above. so businesses will be taxed at the progressive tier so if you're a business that has $3 million in revenue your first million is not taxes your million to 2.5 million is talked at the 2 to 2.5 million taxable followup u amount eaten the last $500,000 will be taxed. so here's an example i mean chris has provided a good example so one million will be taxed? one million taxed the 1 tier rate did i misquote that i miss stoke so once you reach over one million that first million is taxable. so correction. and then as i noted there's a small business under one million gross receipts is exemption in the gross receipts. the one is particularly for the business fee will increase in 2014 for all businesses and i think what i'd like for you to do is flip to page
so that if for any reason the gross receipts is not bringing in as much money we are operating as a deficit but it the gross receipts is coming in a herself we might phase in in a shorter amount of time. thank you. and the schedules are broken out into four tiers there's a zero to one million and it's exempt and 2 had the to million and above. so businesses will be taxed at the progressive tier so if you're a business that has $3 million in revenue your first million is not taxes your million...
SFGTV: San Francisco Government Television
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Feb 12, 2013
02/13
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we do have a deficit for fiscal year 2013 and fourteen. so supervisor i appreciate and agree with you alejandro and i'm eager to work with you to get the arts priority in our city >> mr. mayor, i think that concludes our time. >> thank you supervisors for your questions as well. >> colleagues why do we go to our consent agendas. >> articles two through 4 those items are considered routine. >> colleagues would any one like to severe any of the items? >> on items 4 from chu to - (taking roll). there 11 i's >> those ordinances are passed. >> certificates of participation in on aggregate principle not to exceed the financial costs of improvements to the moscone center taylor's the selection of the trustee. and for project lease pretend the city and tenants. >> colleagues can we take to ordinance same call? this ordinance is passed >> and we have local business entries. >> madam clerk can you, you call 7 and 8. >> this is amendment the salary challenges and 9 positions in the district attorney's office. ordinance is appropriating 6 hundred thou
we do have a deficit for fiscal year 2013 and fourteen. so supervisor i appreciate and agree with you alejandro and i'm eager to work with you to get the arts priority in our city >> mr. mayor, i think that concludes our time. >> thank you supervisors for your questions as well. >> colleagues why do we go to our consent agendas. >> articles two through 4 those items are considered routine. >> colleagues would any one like to severe any of the items? >> on...
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Feb 12, 2013
02/13
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and growing the economy by investing in education, boosting clean energy production and reducing the deficit in ways that don't burden seniors, the middle class or the poor it's the president's belief that reducing the deficit must be a balanced approach. one that includes spending cuts and increased revenues. that's why he's expected to talk taxes and those automatic across the board spending cuts, now expected to hit in march and the president will discuss the need to raise the debt ceiling as well. gun control is another key reason to watch the speech since we expect the president to continue his push for universal background checks and a ban on assault weapons relatives of numerous victims of gun violence, plus victims themselves have been invited to the speech and are expected to be in the house gallery. in fact, the family of a chicago teenager who was shot to death last months will sit with the first lady. and if gun control and the economy don't peak your interest. the president is also expected to talk immigration reform, which incudes a pathway to citizenship for 11 million illegal
and growing the economy by investing in education, boosting clean energy production and reducing the deficit in ways that don't burden seniors, the middle class or the poor it's the president's belief that reducing the deficit must be a balanced approach. one that includes spending cuts and increased revenues. that's why he's expected to talk taxes and those automatic across the board spending cuts, now expected to hit in march and the president will discuss the need to raise the debt ceiling...
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Feb 4, 2013
02/13
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no teams ever come back from more than a ten point deficit to win the super bowl. thins got worse. after beyonce's game, a super bowl record 135-yard super bowl return. he's the first guy ever to score a -- receiving. then the power outage it. it seemed to help the 49ers. you saw this one before now. the five point game. 1:50 left. fourthand goal from the half. not going to happen. kaepernick throw is long. he may have been held. it's a quick end to a roller coaster game. john harbaugh, john now is 2-0 versus his younger brother jim. kaepernick had his first career 300-yard passing game. but at times he seemed a little hesitant. a little unsure. joe flacco was very unflakable. he is the tournament mvp. he now has 11 postseason touchdowns. that ties him with a guy, joe montana. yeah joe montana. 11 touchdowns in the first season no interceptions. he's the real deal. >> he just looked so calm. flacco did. >> they didn't get to flacco enough. there was not enough pressure. he looked to comfortable, too calm. >>> ken wayne is in new orleans and he got a tip about a postsuper bowl party
no teams ever come back from more than a ten point deficit to win the super bowl. thins got worse. after beyonce's game, a super bowl record 135-yard super bowl return. he's the first guy ever to score a -- receiving. then the power outage it. it seemed to help the 49ers. you saw this one before now. the five point game. 1:50 left. fourthand goal from the half. not going to happen. kaepernick throw is long. he may have been held. it's a quick end to a roller coaster game. john harbaugh, john...
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Feb 5, 2013
02/13
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is recognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legisl
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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Feb 6, 2013
02/13
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he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would replace outgoing interior secretary ken salazar. >>> murder in wine country. three bodies found inside a home and this morning the search now on for their killer. it's a developing story from a home on ross station road outside the town of forrestville up in sonoma county. kpix 5 reporter anne makovec has the latest. >> reporter: investigators have been doing a lot more interviews overnight. they say that they are confident they will be able to catch the murderer soon. in the meantime, this person is still on the loose because they say this was not a murder- suicide. three me
he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would...
SFGTV: San Francisco Government Television
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Feb 8, 2013
02/13
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the mayor's office is currently projecting a 263 million dollar deficit for that two year period and that shortfall results from approximately 344 million dollars in known cost increases which is offset by 81 million dollars in estimated revenue growth over the same period. as always, this gap will have to be closed by the time the mayor submits his report, general funding departments reduced our budget, our general fund support by 3% over the next two fiscal years and they've asked us to make a 1 and a half percent cut in 13-14 and a 1 and a half percent cost in 14-15, the budget reduction targets that we received from the mayor's budget office are 465 thousand dollar reduction next year and a 558 thousand dollar reduction the next year, so in the scope of the budget reduction that they have received over the last three or four years, this is eminently manageable. two years ago, we were asked to make a 20% budget cut, so this is something that feels like we can accomplish hopefully with relatively little pain. we would hope to meet this 3% target as well as any cost increases in our
the mayor's office is currently projecting a 263 million dollar deficit for that two year period and that shortfall results from approximately 344 million dollars in known cost increases which is offset by 81 million dollars in estimated revenue growth over the same period. as always, this gap will have to be closed by the time the mayor submits his report, general funding departments reduced our budget, our general fund support by 3% over the next two fiscal years and they've asked us to make...
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Feb 11, 2013
02/13
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. >>> and nancy pelosi says the cuts will not reduce the federal did he deficit. >>> and the new i-pad app is ready for you to download. you can get drive time traffic. video with breaks news any time, anywhere. [ woman ] my boyfriend and i were going on vacation, so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot, even on a holiday weekend. ♪ things are definitely... looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. >>> 3 people died today when a helicopter crashed on a southern california ranch used by a film production company. it happened around 4:00 this morning south of palm dale in los angeles accounted county. a spokesman said a reality show was being filmed at the time of the crash but exactly why the aircraft went down is unknown at this time. >>> ambulances, helicopters and hiltary vehicles
. >>> and nancy pelosi says the cuts will not reduce the federal did he deficit. >>> and the new i-pad app is ready for you to download. you can get drive time traffic. video with breaks news any time, anywhere. [ woman ] my boyfriend and i were going on vacation, so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite...
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Feb 8, 2013
02/13
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KNTV
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today we'll get data on the trade deficit and wholesale trade. the dow losing 42 points to 1 13,944. nasdaq slipping another three to 3165. scott, we're all bracing for snow and likely going to be very light trading volume between wall street and up in boston all of those mutual funds. a lot of folks putting in shorter days. >> i would imagine so. have a safe weekend. thank you much. >>> the president met with house democrats on thursday to give them a preview of the state of the union address and he's going to give that next week and that speech will include new calls for green energy. that's good for silicon valley. and many immigrants here hope he'll push for immigration reform. we talkeded about this in the past. skilled workers who need visas to stay and don't get them despite the fact they are building companies. they can't get a visa but hopes to stay another way. >> we need any entrepreneur from all over the world to come to this country and maybe give them six to nine months, probably a year, just to prove the concept and see if at the e
today we'll get data on the trade deficit and wholesale trade. the dow losing 42 points to 1 13,944. nasdaq slipping another three to 3165. scott, we're all bracing for snow and likely going to be very light trading volume between wall street and up in boston all of those mutual funds. a lot of folks putting in shorter days. >> i would imagine so. have a safe weekend. thank you much. >>> the president met with house democrats on thursday to give them a preview of the state of the...
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Feb 12, 2013
02/13
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. >> goals in manufacturing, energy, education, national security and the deficit. real achievable plans that will lead to new jobs. >> top republicans including senator mcconnell already critical of the speech. >> i strongly suspect the white house will subject us to yet another campaign blitz. frankly, i could write the scripts myself and will be told the president's hands are tied by the sequester he proposed, signed and refuses to get rid of. >> we learned the president will make a major announcement of afghanistan announcing that 34,000 u.s. troops will return home from the region exactly one year from today. that's about half the troops there now. joining us now, maryland congressman chris van hollen, ranking member of the house budget committee. thank you for joining us. >> great to be with you, tamron. >> first, what are the expectations for the president tonight? >> well, i think as you said the president's going to lay out his plan for xik growth, for job creation but focusing on the fact it is not good enough just to have economic growth for the folks alr
. >> goals in manufacturing, energy, education, national security and the deficit. real achievable plans that will lead to new jobs. >> top republicans including senator mcconnell already critical of the speech. >> i strongly suspect the white house will subject us to yet another campaign blitz. frankly, i could write the scripts myself and will be told the president's hands are tied by the sequester he proposed, signed and refuses to get rid of. >> we learned the...
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until we fix it we'll run deficits and continue to mound to our debt. david: republicans are doing some dances too, like that french apache dancing where you grab someone by the hair, and drag them. like the tea parties trying to drag them down, what is likely to happen? are they likely to fix up their act before the negotiations really begin so they come as united front against the president? >> david, that is a great question, but, to bet on this congress to fix their own act, i don't care if they are republicans or democrat, this is the most futile congress to record by a factor of two, the last 3 years by number of bills passed. they cannot agree on anything. but one thing they have in their favor good forward, you raise taxes on the rich, now that was political and that was a home run as far as our base, democrats. the next tax increase, will hurt. because they will be on the rest of americans, they will be very unpopular, that is what republicans need to say, these are not necessary, we have to deal with entitlements and spending. david: but tax c
until we fix it we'll run deficits and continue to mound to our debt. david: republicans are doing some dances too, like that french apache dancing where you grab someone by the hair, and drag them. like the tea parties trying to drag them down, what is likely to happen? are they likely to fix up their act before the negotiations really begin so they come as united front against the president? >> david, that is a great question, but, to bet on this congress to fix their own act, i don't...
SFGTV: San Francisco Government Television
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Feb 6, 2013
02/13
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SFGTV
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at the state level, as we face this huge budget deficit as well to make sure there is flexibility in spending at the local level. but i absolutely think that we need revenue measures that come on the ballot, and voters have to be thinking about ensuring that we have enough revenue so that we maintain infrastructure, the building and maintenance of the streets and buildings and even a kind of parts of the coat -- coast. the need to make sure infrastructure is there and also that we have money that -- to protect the critical safety net for seniors and young children and families and the most vulnerable in our communities as well, but i think those are key questions as the difficult budget for our city comes forward. i will be working with a coalition of family-based and community-based groups and seniors to ensure we protect our community-based services for seniors. >> what are your ideas on dealing with the issue of homelessness? >> i think homelessness has been this structural problem, not just in our city but other metropolitan areas, and i think, at least at the short term level, w
at the state level, as we face this huge budget deficit as well to make sure there is flexibility in spending at the local level. but i absolutely think that we need revenue measures that come on the ballot, and voters have to be thinking about ensuring that we have enough revenue so that we maintain infrastructure, the building and maintenance of the streets and buildings and even a kind of parts of the coat -- coast. the need to make sure infrastructure is there and also that we have money...
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Feb 8, 2013
02/13
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. >> i want to listen to something that john boehner said about how we have handled deficits over the years. let's listen to this. >> at some point, washington has to deal with its spending problem. now, i've watched them kick this can down the road 22 years that i've been here. i've had enough of it. it's time to act. >> that is -- i'm trying to think of a word other than lie. kick the can down the road? we had a big tax increase in 1993 with president clinton along with big spending cuts. >> right. >> it was a deficit reduction package that worked. they continued to do more deficit reducing package with newt gingrich on the spending side throughout the decade and we're on our way to a surplus. >> that's right. i've been calling it the undecade, the 1990s has been written out of their record. they would have you believe that it was always the way it was under reagan and then bush. >> why don't they just say, leave off the clinton tax increase, which helped a lot, and just claim they did it for spending cuts? >> because if they do, if they admit that something nice happened in the '90
. >> i want to listen to something that john boehner said about how we have handled deficits over the years. let's listen to this. >> at some point, washington has to deal with its spending problem. now, i've watched them kick this can down the road 22 years that i've been here. i've had enough of it. it's time to act. >> that is -- i'm trying to think of a word other than lie. kick the can down the road? we had a big tax increase in 1993 with president clinton along with big...
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Feb 11, 2013
02/13
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WGN
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in another battle over the best way to reduce the federal deficit. lawmakers from both parties made the rounds on the sunday talk shows. both sides of the ioc budget cuts scheduled to go into effect next month will have a negative impact on the economy >> it was designed as a budget threat not as a budget strategy ... is going to have a dramatic negative impact... >> the senator said more taxes are needed to solve the problem. republican house majority leader said most republicans want to fix the deficit without raising taxes. >> congressmanthe no. 2 republican in the u.s. house and now says he would support granting citizenship to children who are in the u.s. illegally >> they were brought here to no fault of their own >> president obama says immigration reform will be a top priority of his second term. a recent gallup poll shows that 72 percent of americans support policies that would have a path toward citizenship or residency for the more than one 11 million undocumented immigrants in the u.s. >> more than a billion people in china and other asia
in another battle over the best way to reduce the federal deficit. lawmakers from both parties made the rounds on the sunday talk shows. both sides of the ioc budget cuts scheduled to go into effect next month will have a negative impact on the economy >> it was designed as a budget threat not as a budget strategy ... is going to have a dramatic negative impact... >> the senator said more taxes are needed to solve the problem. republican house majority leader said most republicans...
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including restoring 10 percent pay cuts they accepted to help limit layoffs during the record budget deficits. city leaders indicate they would support modest raises but the police officers association argues bigger raises are needed to keep officers from leaving. the union has called for opening negotiations to be public. >> trading is underway on wall street. here is a live look at the big board with the dow down 44 points and we are under the 14,000 mark. we will go to jane king at the new york stock exchange but, first, developing news, a triple murder in a north bay home. what is happening tomorrow at the crime scene. >> novato, oakland, sunnyvale, and all bay area. this is abc7 news. >> it is time to take a look at snow pack. it is not good news. 82 percent of statewide percentage of normal so we should have more than this just to this date not including what we are supposed to get the rest of the month and all of march before the season helps april 1. radar shows it is dry across the state. we have temperatures in the upper 50's and low 60's with sunshine through the vietnam and same f
including restoring 10 percent pay cuts they accepted to help limit layoffs during the record budget deficits. city leaders indicate they would support modest raises but the police officers association argues bigger raises are needed to keep officers from leaving. the union has called for opening negotiations to be public. >> trading is underway on wall street. here is a live look at the big board with the dow down 44 points and we are under the 14,000 mark. we will go to jane king at the...
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Feb 6, 2013
02/13
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CSPAN2
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austerity measures that cost jobs that only increase our deficit problem will bring down the deficit by decreasing reliance on safety net programs, taxpayers, improving debt to gdp ratio. job losses under sequestration would include 16,000 school teachers and aides and 20,000 head start teachers. ask the american public that is what they really mean by cuts. rain to stop those cuts and instead create education jobs by investing in teachers, modernizing schools and efforts that would create more than 300,000 jobs. sent to . the balancing act include some of these ideas. ultimately included in the president's american jobs act, which never even got a vote in the house. teaching, modernizing schools and rebuilding our transportation and the structure while -- with the balancing act would do, those are the jobs that our communities need, and those are the jobs our economy needs to our legislation pays for those investments but including smart military cuts and the sequestration across-the-board cuts allowing for a little discretion. no discretion. our alternative would cut waste and to r
austerity measures that cost jobs that only increase our deficit problem will bring down the deficit by decreasing reliance on safety net programs, taxpayers, improving debt to gdp ratio. job losses under sequestration would include 16,000 school teachers and aides and 20,000 head start teachers. ask the american public that is what they really mean by cuts. rain to stop those cuts and instead create education jobs by investing in teachers, modernizing schools and efforts that would create more...
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Feb 12, 2013
02/13
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KPIX
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since the top of the year, big deficit for rainfall. we are down 5.5" but the deficit when you go back to july 1 our water year only an inch because we got so much rain around thanksgiving. we are not doing that bad for the entire year. past couple of months we're in significant deficit. big ridge of high pressure, how big? storm track up towards seattle vancouver british columbia nowhere close to us. nor is that going to be changing anytime soon. the high is off to the west as we'll still get cool northerly flow. temperatures in the low 60s. i know, such problems we have around here. as high pressure gets closer to us we'll see temperatures increase by the end of the week and some of you by friday will be up near 70 degrees for highs. so what to expect? we are not as cold at night temperatures a couple of degrees milder each night. sunshine through the weekend. it's only monday but we're very sure of that. and temperatures on friday will be close to 70 degrees. tomorrow concord 62,san jose 63. palo alto 62. union city 61. low 60s for p
since the top of the year, big deficit for rainfall. we are down 5.5" but the deficit when you go back to july 1 our water year only an inch because we got so much rain around thanksgiving. we are not doing that bad for the entire year. past couple of months we're in significant deficit. big ridge of high pressure, how big? storm track up towards seattle vancouver british columbia nowhere close to us. nor is that going to be changing anytime soon. the high is off to the west as we'll still...
SFGTV: San Francisco Government Television
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Feb 4, 2013
02/13
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SFGTV
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at this time the city does have a deficit, i believe it's been $129 million, but don't quote me on that. it's more than $100 million. and for this reason, the mayor has given direction to all of the different department heads that when we submit our budget, we need to include some budget reductions, approximately 1.5% per year. and so our office is cooperating, of course, with that citywide effort. during the budget season, our office also participates in capital planning for the really big projects, like new buildings or ada transition plan work for barrier-removal. and a little bit later in the meeting today, i have asked our deputy director for architectural access, john paul scott to give us a briefing on some of the big projects that he submitted for our capital planning budget. now i wanted to tell you about a couple special probings that our office worked on recently. we just finish a project to develop accessibility guidelines for park lifts. -- parklet. if you haven't seen a parklet, you should walk or drive down valencia street or hayes valley, because those are the biggest co
at this time the city does have a deficit, i believe it's been $129 million, but don't quote me on that. it's more than $100 million. and for this reason, the mayor has given direction to all of the different department heads that when we submit our budget, we need to include some budget reductions, approximately 1.5% per year. and so our office is cooperating, of course, with that citywide effort. during the budget season, our office also participates in capital planning for the really big...
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Feb 7, 2013
02/13
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KBCW
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we'll get some showers, but anything to put a dent in our rainfall deficit i don't see coming from the system. we'll talk about any other chance was rainfall coming up. >>> checking bay area headlines, muni is blaming a stray bolt for a cable car accident that sent seven people to the hospital. it stopped the train abruptly. investigators are trying to particular out how the bolt got into the track. >>> workers at a uc berkeley office in emeryville are trying to figure out why a bomb threat was phoned in. it forced the evacuation of two buildings this morning. an intensive search turned up nothing. >>> investigators are looking for the source of a fatal fire in san leandro. the body of a man was found inside the burning home on neptune drive just before dawn. first responders performed cpr but could not revive him. >>> the dot com hiring boom is back. the growth is not just high-tech. the technology hiring is having a ripple effect fuelling a sunge in -- surge in construction too. and that means materials are needed and a workforce to supply them. >> reporter: from garden to paint to h
we'll get some showers, but anything to put a dent in our rainfall deficit i don't see coming from the system. we'll talk about any other chance was rainfall coming up. >>> checking bay area headlines, muni is blaming a stray bolt for a cable car accident that sent seven people to the hospital. it stopped the train abruptly. investigators are trying to particular out how the bolt got into the track. >>> workers at a uc berkeley office in emeryville are trying to figure out why...
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. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season. tough loss last night. >> we will get you started with a look at weather forecast that promises to be interesting. >> absolutely. still winter but you would not know it by the last couple of weeks. live doppler 7 hd shows cloud cover out there but it is slow almost locking like marine layer clouds. they will pull back to the coast and bring us sunshine throughout the afternoon. there is no cloud hanging over you, literally, and it will go away later today. temperatures in the upper 30's to mid-40's. upper 40's around oakland and san francisco. now, temperatures, increasing sunshine at coast where we will have the grea
. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season....
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Feb 12, 2013
02/13
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KPIX
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the deficit since the top of the year 5.25" of rainfall. if you go back to july since we had so much at the end of the year, we are only 1.25" deficit. water vapor up in the pacific northwest towards spokane and burns, oregon, that is where we have some moisture in the air. that would turn into cloud cover or rainfall in some spots. for us none of that. we won't have any of that anytime soon because this big dome of high pressure is taking that moisture sending it off to the east and every direction but here. so we'll have chilly mornings, sunny afternoons, and a gradual warmup as that high gets stronger and closer to us. some of you will get into the upper 60s. some of you will even hit 70 degrees by friday. that will be february 15th. you may hit 70 degrees. sunny through the weekend and temperatures will not be near freezing, 30s inland but not near freezing for the next several nights. sunnyvale 62 tomorrow. san jose sunshine 63. san ramon 62. concord tomorrow 62 degrees. kentfield 60. and alameda sunshine for your tuesday, 62 degrees.
the deficit since the top of the year 5.25" of rainfall. if you go back to july since we had so much at the end of the year, we are only 1.25" deficit. water vapor up in the pacific northwest towards spokane and burns, oregon, that is where we have some moisture in the air. that would turn into cloud cover or rainfall in some spots. for us none of that. we won't have any of that anytime soon because this big dome of high pressure is taking that moisture sending it off to the east and...
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Feb 6, 2013
02/13
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KNTV
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. >> the balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. >> the sooner we solve our spending problems, the sooner our jobs problem goes away as well. >> president obama is expected to talk about the use of drone strikes to kill terrorists abroad even if it includes u.s. citizens. >> lance armstrong needs to act fast to have his lifetime ban possibly lifted. the u.s. anti-doping agency says in exchange for information on his drug use, it may lift the ban from cycling. he has only until the end of today to cooperate. armstrong telling the organization he cannot meet the deadline. the guy never does anything easy. he will instead cooperate with orld anti-doping ag. he admitted using performance enhancing drugs to cheat his way to a record seven tour de france titles. >> out for the season but not out for good. we talk to lindsey vonn's coach about yesterday's slip on the slopes. oh, what it means for her quest for gold in 2014. >> announcer: you're watching "today in the bay." >> welcome back. good morning on this wednesday morning. we give y
. >> the balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. >> the sooner we solve our spending problems, the sooner our jobs problem goes away as well. >> president obama is expected to talk about the use of drone strikes to kill terrorists abroad even if it includes u.s. citizens. >> lance armstrong needs to act fast to have his lifetime ban possibly lifted. the u.s. anti-doping agency says in exchange for information...